It's a ride sharing bill, any ride sharing company could operate if passed, including Lyft and startups. The market will decide. If the cabs want to compete and not be overpriced with shitty service and disgusting cars, they will improve or go out of business.

I had thought a little about doing this for getting NY politicians to pass legislation legalizing ridesharing and Uber in Upstate. Right now we don't have it and many people think it's a travesty. THey failed to come together and pass it before the summer but it comes up again hopefully in early 2017. Uber is marketing to push it, they reported 43,000 people tried to use it upstate NY on Thanksgiving eve alone. I think the petition is around 70k signatures but maybe an ad campaign would it get it higher and also cause people to call their representatives.